Odaily News Kingkey Financial International (01468), a Hong Kong-listed company, announced that on June 30, 2025 (after the trading hours), the company entered into a subscription agreement with the issuer Amber International Holding Limited, pursuant to which the issuer agreed to issue and the company agreed to subscribe for subscription shares at a cost of approximately US$12 million. The subscription price for the subscription shares is US$2.09 per subscription share. It is reported that the subscription shares are 5.7416 million Class A common shares with a par value of US$0.001 per share issued by the issuer. The announcement stated that the subscription is a strategic financial investment that fits the group's recent plans, including the previous establishment of an investment committee to oversee digital asset opportunities. It is expected that the investment will diversify the company's investment portfolio and enter the field of institutional encryption services, which is consistent with its previous voluntary announcement on exploring digital assets.

Odaily News Vietnam and the United States are said to be close to reaching a trade framework that would impose tariffs of a certain magnitude based on the proportion of foreign product content in goods, according to people familiar with the matter.

Odaily News Adam Button, an analyst at the financial website Forexlive, said that the June ADP employment number was the worst reading since March 2023. It is a difficult time before the release of non-farm payrolls tomorrow. There is also a saying that household-based data points to a weak market. The market has now fully priced in the possibility of a rate cut in September, with a probability of a 50 basis point cut of 22%. (Jinshi)

Odaily News Market news: Traders are increasing their bets on at least two rate cuts by the Federal Reserve before the end of 2025. (Jinshi)

Odaily News REX Shares announced on the X platform that the REX-Osprey SOL + Staking ETF (SSK) is now open for trading. It is reported that this is the first ETF listed in the United States and provides native Solana staking rewards.

Odaily News According to Onchain Lens monitoring, three wallets that may be related to the same entity withdrew 2,797 ETH from OKX, worth $6.86 million, and one wallet sent 797 ETH for staking, worth $1.95 million.